Cash Accounts receivable, net Inventory Property, plant and Equipment Total assets $392,400 $22,200 169,100 68,300 132,800 Accounts payable $49,200 Current portion of long-term debt 68,800 Long-term notes payable 100,000 Total liabilities 218,000 100,000 74,400 Common stock Retained earnings Total equity 174,400 Total liabilities and equity $392,400 Revenue $2,765,000 Operating expenses 2,472,600 Operating income 292,400 Interest expense 17,000 Income before income taxes 275,400 Income tax expense 103,800 Net Income $171,600 Required: > Required: a) Work out the current ratio (4 marks) b) Compute working capital (4 marks) c) Work out the times interest earned ratio (4 marks) d) Work out the debt to assets ratio